The Middle East is on the brink of a possibly devastating regional war, with hostilities between Israel and Hezbollah reaching an extremely dangerous level.
Washington has engaged in intense diplomacy to persuade the protagonists to pull back from the brink. But US efforts have not paid off so far, given its lack of sufficient leverage with both sides.
A grand bargain involving Israel, Hezbollah and their outside supporters is now urgently needed to avoid a regional war.
